Intel Corp (INTC)

[JJ8]

Intel share price had a Double Top Breakout today on 30-Aug-2024.GLTA

[Longer Than Most]

They probably should’ve listened to tan. He says he doesn’t agree with the direction of AI, and the excessive workforce. Start cutting costs and INTC will start to see some support imo

[alan81]

Tan came to Intel from Cadence, a maker of design tools. I don't think he had anything to do with AI.
The press on this is mixed, but according to his resignation letter: he was leaving the board because of a personal decision to “reprioritize various commitments” and that he remained “supportive of the company and its important work,” in a regulatory filing on Thursday.

[TucsonPhil]

So, they are losing their AI board member. I am sure there will be a replacement waiting in the wings.

[JJ8]

Intel share price had a Double Bottom Breakdown yesterday, on 26-August-2024. BLTA

[koolmc]

yep giving this a year will be very surprised if it doesn't get back to at least 30-40 range

[JJ8]

Intel share price Bullish Signal Reversed today on 22-Aug-2024. BLTA

[koolmc]

Trying did get starter position here will eventually turn around in a year or so.

[JJ8]

Short term good news for a change:

Chart shows Intel share price had an Ascending Triple Top Breakout today on 15-Aug-2024.

Will this really help make a change when the Fundamentals are looking good at this time?

We shall see. GLTA

[MrTrader129]

Not a chance.

[ShawnyD]

Intel gonna be the new AOL at this rate

[JJ8]

Breaking News
Market Chatter: Intel's Senior Unsecured Rating Downgraded by Moody's
07:05:24 AM ET, 08/09/2024 - MT Newswires
07:05 AM EDT, 08/09/2024 (MT Newswires) -- Intel (INTC)'s senior unsecured rating was downgraded by Moody's to BAA1 from A3 rating over apprehensions about the chipmaker's profitability, Reuters reported Thursday citing the credit ratings firm.

Moody's also changed Intel's unsecured ratings outlook to negative from stable, while affirming the company's Prime-2 short-term commercial paper rating, the report said.

Moody's said that it expects Intel to face much weaker profitability over the next 12 to 18 months, according to Reuters.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

PS:INTC is in a strong bearish trend. Shares are below a declining 200-day moving average and the MACD is beneath its signal line Today's volume is on track to be lighter than usual, with 52,071,111 shares having traded so far. The On Balance Volume indicator (OBV) is bearish. The slope of the indicator is negative and suggests that there is a lack of buying interest.

[JesterMagician68]

This will hit single digits. Once the wave of K series chips fail. It's getting bad.

[JJ8]

Intel share price Double Bottom Breakdown today, on 7-Aug-2024. BLTA

PS: Aug 7 (Reuters) - Intel was sued on Wednesday by shareholders who said it fraudulently concealed problems that led to weak second-quarter results, and prompted the Silicon Valley chipmaker to suspend its dividend and to plan cutting its workforce by 15%.

The proposed class action filed in San Francisco federal court seeks unspecified damages. Intel Chief Executive Patrick Gelsinger and Chief Financial Officer David Zinsner are also defendants. (Reporting by Jonathan Stempel in New York Editing by Chris Reese)

Today's volume was heavier than usual, trading 96,171,318 shares, versus an average of 46,176,950 shares per day during the last twelve months. The On Balance Volume indicator (OBV) is bearish. The slope of the indicator is negative and suggests that there is a lack of buying interest.

[koolmc]

hold 19's and bounce back for short term trade, last time it got this low was during the financial crisis. If it doesn't hold chance for 15-16s

[amc]

Looks oversold here.

[JJ8]

Exciting times. I hope you're making much better these days.

You're ready for the volatility in the markets.

Thanks buddy.

Cheers & GLTY

[Dubster watching]

Good to see you here JJ. Hope you make a bunch!
Blessings

[JJ8]

Chart still in mode of Bullish Signal Reversed since July 19th. I'd like to add for lowering my ave cost.

I'm in no hurry wherever sp goes. Cheers & GLTA

[Stock Guy777]

$20.20 for me

[MrTrader129]

Just curious, how large of an impact did Microsoft’s choice of Snapdragon (instead of Intel) in their new line up have on the recent drop?

[Dubster watching]

I got $19.91 pre-mkt
Flipping cool!

[Moonlazer]

This will be the powerplay of the era when the Nvidia investigation settles and the dust clears. Government contracts and a California Senator leading the charge to strip valuation away from them. Much like they did to Microsoft and fed Macintosh.

Government picking winners and losers, even though all is fair in capitalism. Microsoft lost that battle over 20 years ago. Nvidia will too.

Yeah... This is my long term pick of a lifetime.

[Elcappy1]

Yup

[Elcappy1]

Looking for a dead cat @ 23...

[x993231]

Looks like an insider market play, what say you, only 1k bet here so just a small bet?

X. Anyone,

[Elcappy1]

Did we close a gap from the 20th century?

[Dubster watching]

Shes slipping back down!
Ill hit it again if it falls below the last round.

[Dubster watching]

That was easy. Sold already.

$$

[Dubster watching]

Nice! Catch up with you at the bell.
Check out HIBL for a quick hit today. Good price to consider about now.
Blessings

[Nebuchadnezzar]

also added a small position here $20.73

$21.20
$20.65

[Dubster watching]

$20.55 loaded for a quick flip!
Lol
Shitty chip companies will all burn.

[Dubster watching]

Wow, this post also aged pretty well…

Pure junk. May AI burn in the darkest pit

[NYCPuglet]

Damn. Glad I sold a few weeks ago. Something felt wrong. Sold on instinct.

[joseph pareti]

the misery started a long time ago with BK and his inclusion nonsense. It takes just one lousy CEO to destroy the awesome work of Moore, Noyce, Grove, otellini and whoever made me proud of being an intel inside guy. Never mind, passee

[Lokotony]

This truly sucks, but I also bought, knowing this is a tech giant that isn't going anywhere. Holding long and looking for some scratch to get more at this price!

[alchemytrader]

AMD went to 2.00s in 2015...

[MrTrader129]

This will swing back hard

[show_me_money]

Buy the blood? Long.

[Nebuchadnezzar]

wow! this is dead for the rest of the year

[show_me_money]

Nice. 5 year low

[lvhd]

1000 shares long

[Lokotony]

LOL. Same thing with me. I bought into those and got lucky they made it back to my buyin. Not so lucky with Nat gas......

[ShawnyD]

That happened to me with lithium/iron/cobalt mines. Holding.. don’t sell the dip friend.

[Lokotony]

I sure do miss the old stock market, where positive news, like chip act and money rolling in would cause a stock to go up........instead of being raped daily. The same exact thing happened with EV and EV related stocks. I thought, get in, since our government is giving them money and down it all fell......as if they don't even like EVs anymore.

[JesterMagician68]

Loaded up on 33. What you think tech is going down in a upcoming AI world?

[JJ8]

Intel share price BULLISH SIGNAL REVERSED on 19-July-2024.

A bit of a surprise but that's common to happen in the life of the stock market.

Whatever the reason to me this should not impact Intel in the long term.

Cheers & GLTA

PS; Having a toast... Blue Label scotch, and eating pistachio nuts! Life is beautiful!

[Sirpeter]

Buying Sept 45 calls tomorrow

[JJ8]

Intel share price still in Breakout mode.

Planning to add more share should price be around and lower the $34 level.

Cheers & GLTA

[JJ8]

Intel share price ASCENDING TRIPLE TOP BREAKOUT today, on 12-July-2024. GLTA

PS: Adding more shares was timely, yesterday.